02-28-2019, 11:34 AM
Thanks Otter. IMO step 3 is when it becomes too confusing for the typical investor to have a meaningful understanding of what this does to the investment thesis.
Not my intent to derail this away from QCOM, but tech investing is so tough to analyze, and tech + legal seemingly impossible.
If I am in PFE and it comes to light their drug is killing way too many people, it's clear to anyone this problem might be around for a decade or more of litigation. Same thing if I fail to immediately take action when the forklift I manufacture is defective. In technology, many of these fights become fairly meaningless with the passage of only a few years.
Not my intent to derail this away from QCOM, but tech investing is so tough to analyze, and tech + legal seemingly impossible.
If I am in PFE and it comes to light their drug is killing way too many people, it's clear to anyone this problem might be around for a decade or more of litigation. Same thing if I fail to immediately take action when the forklift I manufacture is defective. In technology, many of these fights become fairly meaningless with the passage of only a few years.